The pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline down.
A bearish descent down to the next support level at 0.0298 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.02996 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03077 |
| 2nd High | 0.03056 |
| Next High | 0.02996 |
| Current Price | 0.029910000 |
| Next Low | 0.0298 |
| 2nd Low | 0.02977 |
| 3rd Low | 0.02964 |
0.02991 – 0.0299 – 0.02996 – 0.0298 – 0.02977 – 0.02983 —
0.029890000 – 0.029940000 —
57.243271191304 – 63.270068348961 —
– —
0.02991 – 1777138200